[3] The building was purchased in 2001 and underwent a $14 million renovation along with the nearby Topaz Hotel.
[4] After selling to new owners in 2019, it underwent further renovations and reopened in June 2021 as the Kimpton Banneker Hotel.
Red walls, leopard print carpeting, white upholstery furniture, white shag carpets, and photographs of women were inspired by interior designers Jean-Michel Frank, Albert Hadley, and Philippe Starck.
Its subsequent 2020–2021 renovation, which cost an estimated $20 million, brought the number of rooms from 137 to 144.
[5][7] The previous incarnation housed a hotel lounge that served breakfast, dinner and late-night drinks called Bar Rouge.